Why attack ‘trickle-down economics?’ It doesn’t exist – and never has done
Now and again, intelligent people, politicians and columnists attack ‘trickle-down economics’ in the mistaken belief that it exists. Or that it ever existed. In his classic book, Basic Economics, Thomas Sowell gives a brief history. Here’s the excerpt: There have been many economic theories over the centuries, accompanied by controversies among different schools of economists.
